Which of the Following Statements Is FALSE

question 20

Multiple Choice

Which of the following statements is FALSE?

• A)Cost-reduction synergies are hard to predict and achieve.
• B)Because the CEOs of small firms receive information so quickly,small firms are often able to react in timely way to changes in the economic environment.
• C)Synergies usually fall into two categories: cost reductions and revenue enhancements.
• D)There may also be costs associated with size.

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Definitions:

Economic Family

A group of individuals related by blood, marriage, or adoption who live together and are financially interdependent.

Family of Procreation

The family established through marriage and childbirth, as opposed to the family one is born into.

Family of Orientation

The family unit into which a person is born or adopted, predominantly influencing their early socialization and development.

Extended Family

Multiple generations of adults living with their spouses and children.